Data firm IHS Markit to buy rival Ipreo for $1.86 billion

Data firm IHS Markit to buy rival Ipreo for $1.86 billion
By Reuters
Share this articleComments
Share this articleClose Button

(Reuters) - Data firm IHS Markit Ltd <INFO.O> said on Monday it will buy smaller rival Ipreo from private equity funds of BlackStone Group LP <BX.N> and Goldman Sachs <GS.N> for $1.86 billion (1.4 billion pounds).

The deal is expected to close in the second half of 2018, subject to regulatory approvals.

(Reporting by Diptendu Lahiri in Bengaluru; Editing by Arun Koyyur)

Share this articleComments

You might also like